Sustainable Investing Based on a Self-learning Algorithm: Returns up to 16.6% in 3 Months

Sustainable Investing

The Sustainable Investing and responsible companies’ stocks package provides stock forecast for the best stocks to buy based on Barron’s top 100 Sustainable and Responsible companies list. These 100 companies are selected for 3 main factors: environmental, social and corporate governance. The stock forecast includes 20 stocks with bullish and bearish signals and indicates the best shares to buy and sell:

  • Top 10 sustainable and responsible stocks for the long position
  • Top 10 sustainable and responsible stocks for the short position

Package Name: Sustainable and Responsible Companies
Recommended Positions: Long
Forecast Length: 3 Months (6/22/21 – 9/22/21)
I Know First Average: 9.54%
Sustainable Investing
Sustainable Investing chart

For this 3 Months forecast the algorithm had successfully predicted 10 out of 10 movements. The prediction with the highest return was CVA, at 16.6%. CLR, and XEC had notable returns of 16.35% and 13.76%. The package had an overall average return of 9.54%, providing investors with a premium of 5.50% over the S&P 500’s return of 4.04% during the same period.

Covanta Holding Corporation (CVA), through its subsidiaries, provides waste and energy services to municipal entities primarily in the United States and Canada. The company owns and operates infrastructure for the conversion of waste to energy. It is also involved in related waste transport and disposal, and other renewable energy production businesses. The company disposes waste and generates electricity and/or steam; and sells metal recovered during the energy-from-waste process. It owns and operates 45 energy-from-waste facilities; 11 additional energy generation facilities, including wood biomass and hydroelectric renewable energy production facilities in North America. Covanta Holding Corporation (CVA) also owns and operates 18 transfer stations, 12 environmental services facilities, 1 regional metals recycling facility, and 4 landfills. The company was formerly known as Danielson Holding Corporation and changed its name to Covanta Holding Corporation (CVA) in September 2005. Covanta Holding Corporation was founded in 1960 and is headquartered in Morristown, New Jersey.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First subscribers.

How to interpret this diagram

Algorithmic Stock Forecast: The table on the left is a stock forecast produced by I Know First’s algorithm. Each day, subscribers receive forecasts for six different time horizons. Note that the top 10 stocks in the 1-month forecast may be different than those in the 1-year forecast. In the included table, only the relevant stocks have been included. The boxes are arranged according to their respective signal and predictability values (see below for detailed definitions). A green box represents a positive forecast, suggesting a long position, while a red represents a negative forecast, suggesting a short position.

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.